Some of the people around you even don’t have three times food in a day and we all know very well. I think a very low ratio of such people may be found in developed regions but this world is full of such low wages creatures. While on the other a big portion of wealth is just divided between a few people or families. Same in case of banking system where the majority of the account holders have been captured the wealth resources and this income is circulating in the same circle for so long.

The alternative to conventional banking can be found in the form of Islamic banks in UAE. As the majority of the account holder in UAE is based on expatriates, they would love to prefer Islamic banking instead of traditional banking with an interest rate. Through all this debate which directly negates the concept of capitalism, I am just trying to build a narrative towards other deserving people.
 
Most of the banks provide you different strategies and want to advise you to take care of your income and earnings. For this purpose, they offer you different packages and start another business network. Now your wealth is in safe hands and you are getting profit using the interest rate system but are it justified? For some, it may be but for me, it’s not. That’s the only reason most of the expatriates are working with Islamic banks? What’s the actual difference between these two structures considering the loan offers? Keep the last point in mind that I am talking about Islamic banking in a loan context because this priority-based service may help you to cover maximum routine based tasks. 

How a loan package helps you? Let’s have a look at the following points:
• It’s right that and I am sure would be the most appropriate way using different savings plans in Dubai. But you can only save a little for your future back up and forget about to sponsor your big plans through this little amount.  So come out of this big bluff and for all those common and simple users I would tell you that this is not worthy if you have big dreams like to have your own home in UAE. the only way you need to take a loan package. 

• Which loan package from a unique bank? These are two questions as loan apache and which bank? The loan package can be demanded according to your plans. For example, if you want to get an Islamic mortgage to buy a property like a home then you should go for a fixed rate method while on the other hand variable rate repayment strategy can be availed for a business loan scheme. 

You can choose your desired bank according to your requirements and choices but I would suggest you approach Mashreq Bank.  A big WHY? Very simple! This unique bank can entertain you with Islamic as well as with conventional banking at the same time.